# House prices in BH23 4 (Christchurch)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BH23 4' (Christchurch) - statistics were last calculated on 31 July 2024.

## Defining 'BH23 4'

This analysis is limited to properties whose postcode starts with "BH23 4", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Christchurch.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Christchurch is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 36, Terrington Avenue, Christchurch, sold for £710,000 on Jun-2024. Given the internal area of 121 square metres, the price per sqm is £5,867.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,600-£6,000, £6,000-£6,400, £6,400-£6,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 291 sales in Christchurch (BH23 4) that took place in the last two years.

##### Distribution of £ per sqm for Christchurch
Distribution of £ per sqm house prices in Christchurch

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Christchurch (BH23 4). Of the 291 transactions, half were sold for between £4,380 and £6,650 per square metre. The median, or 'middle', price per square metre in 'BH23 4' is £5,370. Notably, only 25% of properties that sold recently were valued at more than £6,650 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Christchurch

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Christchurch. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Christchurch

## Comparison with neighbouring postcode sectors

The table below shows how 'BH23 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH23 8 Bransgore £3,920 sqm £4,680 sqm £5,440 sqm
BH23 1 Christchurch £3,550 sqm £4,330 sqm £5,510 sqm
BH23 6 Hurn £5,180 sqm £5,540 sqm £5,910 sqm
BH23 7 Burton £3,790 sqm £4,310 sqm £4,980 sqm
BH23 3 Christchurch £3,850 sqm £4,590 sqm £5,500 sqm
BH23 2 Christchurch £3,700 sqm £4,590 sqm £5,200 sqm
BH23 4 Christchurch £4,380 sqm £5,370 sqm £6,650 sqm
BH23 5 Highcliffe £3,560 sqm £4,450 sqm £5,410 sqm

## Will Christchurch house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for BH23 4 (Christchurch) compared with both the wider area BH23 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Christchurch,Christchurch
House price trends for Christchurch

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent BH23 4 sales
Recent trends for Christchurch

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Christchurch to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Christchurch and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
The Meadway, Christchurch, BH23 4N 78 sqm £5,815 23
Grange Road, Christchurch, BH23 4J 85 sqm £3,726 19
Lymington Road, Christchurch, BH23 4J 83 sqm £4,190 15
Manning Avenue, Christchurch, BH23 4P 94 sqm £4,638 14
Bure Lane, Christchurch, BH23 4D 98 sqm £5,440 14
Comet Way, Christchurch, BH23 4J 65 sqm £4,755 13
East Cliff Way, Christchurch, BH23 4E 126 sqm £6,433 12
Mudeford, Christchurch, BH23 4A 131 sqm £5,081 12

Search for your street here.

## New build activity

Street Avg size Avg £sqm New build sales
Meadowsweet Close, Christchurch, BH23 4F 107 sqm £5,467 12

Meadowsweet Close, Christchurch, BH23 4F has seen 12 new build sales in the last 4 years (average price £571,730). These new build homes typically have an internal area of 107 sqm, with an average price of £5,467 sqm. This £sqm average is £97 above the average for BH23 4. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Christchurch is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
36, Terrington Avenue, Christchurch £710,000
Jun-2024
121 5,867
6, Silver Way, Christchurch £647,000
Jun-2024
83 7,795
38, East Cliff Way, Christchurch £950,000
Jun-2024
148 6,418

#### About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.